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Portugal

€ Euro - Portugal rolls presses again

PORTUGAL - The euro has brought banknote printing back to Portugal for the first time in almost a century. Since the early 1900s, the work had been outsourced, largely to the UK, for reasons of economy of scale. But the Bank of Portugal decided that it…

€ EURO - Portugal to use big value notes

PORTUGAL - Portugal has changed its mind about not circulating the two highest denomination euro banknotes and now plans to distribute a small number of Euros 500 ( £310) and Euros 200 notes.

Portugal cbank warns govt on wages, inflation

Portugal's central bank on Jan. 25 delivered a slap on the wrist to the Socialistgovernment for raising state sector wages too much, saying itposed a risk to inflation. "The main risk to inflation forecasts comes from salariesand it would be extremely…

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